Cotton On-Call Report

|                                Weekly Report No. 17
|
|      "On call" positions in spot cotton based on New York Cotton futures
|      reported by merchants in special account status 1/ as of  4/26/02
|
|                                 (In Contracts)
|
|-------------------------------------------------------------------------------
|            |                                           |    Open Futures
|            |        Call Cotton Based New York         | Contracts - New York
|            |                                           |   Cotton Exchange
|Futures     |-------------------------------------------|----------------------
|            |  Unfixed |  Change  |  Unfixed |  Change  |  At      |  Change
|Based       |  Call    |  From    |  Call    |  From    |  Close   |  From
|            |  Sales   |  Prev.   |  Purchs. |  Prev.   |          |  Prev.
|On:         |          |  Week    |          |  Week    |  4/26/02 |  Week
|-------------------------------------------------------------------------------
|May      '02         56       -458        326       -678*        54    -4,647
|July     '02      5,622       -258*     4,106        930*    38,636     3,677
|October  '02      1,892       -116        249          5      1,132       277
|December '02      4,928        408      4,121        125*    21,093     1,195
|March    '03      3,404        232*       244          0      2,725       627
|May      '03      2,848        426         95          0      1,729       157
|July     '03      3,583        789*       390          0        913        66
|October  '03        859         32          0          0         47         6
|December '03        976        316*         0          0        246       -10
|May      '04          0          0          5          5         93         0
|             ------------------------------------------------------------------
|   Totals:       24,168      1,371*     9,536        387*    66,668      1,348
|-------------------------------------------------------------------------------
|
|1/ Merchants with futures positions of 50 or more contracts in one future.
|*Changes from the previous week are based on revised data for last week.
|
|This report is published by the Commission's Division of Economic Analysis.
|If you have any questions concerning this report, call Vincent G. Varisano,
|Industry Economist, Eastern Region at (646) 746-9775.
|
|Released after 3:00 p.m. Eastern Time
|5/2/02
|
|